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Marine pollution causes significant damage to fisheries and other economically productive uses of the ocean. The value of that damage can be quantified by economists, but the meanings of those valuations and how they are derived are often obscure to noneconomists.Economic Losses from Marine Pollution brings a fuller understanding of the variety and extent of marine losses and how they are assessed to scientists, lawyers, and environmentalists by systematically identifying and classifying marine losses and relating them to models and methods of economic valuation. The authors use a step-by-step approach to show how economists have used these methods and how they approach the problem of assessing economic damage.The book begins by describing the importance of economic valuation of marine damages, the history of concern over marine pollution, and the development of economic methodologies to assess damage from it. Following that, the book: considers types of marine pollution and their effects on organisms, ecosystems, and humans, and the corresponding economic effects of those biological impacts introduces the economic principles and methods needed to understand and to assess economic damages expresses losses from water quality impairments in terms of economic value introduces the basic economic techniques that have been developed and used to measure changes in economic value discusses how to apply those economic techniques, and presents a variety of practical examples explores limitations and problems that can arise in such applied work.Economic Losses from Marine Pollution includes all of the relevant economic theory together with specific examples of how that theory has been and can be applied. It offers environmental professionals with little or no background in economics the basic economic tools needed to understand economic valuations of environmental damage, and represents a unique handbook for environmental and marine scientists, lawyers, economists, policy professionals, and anyone interested in issues of marine water quality.
The many economic factors affecting sustainability of the Gulf of Mexico region are perhaps as important as the waves on its shores and its abundant marine life. This second volume in Gulf of Mexico Origin, Waters, and Biota (a multivolumed work edited by John W. Tunnell Jr., Darryl L. Felder, and Sylvia A. Earle) assesses the Gulf of Mexico as a single economic region. The book provides information and baseline data useful for assessing the goals of economic and environmental sustainability in the Gulf. In five chapters, economists, political scientists, and ecologists from Florida, California, Louisiana, Texas, Maine, and Mexico cover topics such as: the idea of the Gulf as a transnational community; the quantitative value of its productivity; a summary of the industries dependent on the Gulf, including shipping, tourism, oil and gas mining, fisheries, recreation, and real estate; the human uses and activities that affect coastal economies; and the economic trends evident in Mexico's drive toward coastal development. This first-of-its-kind reference work will be useful to scientists, economists, industry leaders, and policy makers whose work requires an understanding of the economic issues involved in science, business, trade, exploration, development, and commerce in the Gulf of Mexico.
As with most shorelines around the world, New Jersey beaches are slowly, but inexorably, being eroded, threatening coastal structures and development. In some years more sand is deposited than removed, but all of the state's monitoring devices show that sea level is gradually rising and pushing the New Jersey shoreline inland. The shore is a valuable resource, and its natural, cultural, and economic attractions draw a multitude of permanent and temporary residents each year, extending housing and commercial development onto areas that were once swampland. Not surprisingly, development at the water's edge has been accompanied by an increasing exposure to the natural hazards of the coastal zone--erosion, flooding, and wind damage. In this book, Norbert Psuty and Douglas Ofiara incorporate perspectives from the areas of coastal sciences, economics, public policy, and land-use planning in creating a systematic plan for coastal management and protection. It has been more than a decade since New Jersey developed the nation's first state shore protection plan, and this volume provides a timely evaluation of its achievements and future challenges. This self-contained book provides all of the relevant theories, models, and examples so the reader will not need to refer to any other literature to gain an understanding of the issues and policies surrounding shore protection. It is the authoritative handbook for practitioners and policy makers in many fields, including coastal science and management and engineering, as well as public policy and economics.